Payoneer Capital Advance Review

Considering using Payoneer for your business? When signing up for a new business account or financial service, you’ll want to know about all of the features on offer.

One popular Payoneer feature among UK businesses is Capital Advance. This is a working capital solution that gives you an advance on upcoming marketplace earnings.

But how does it work, how much does it cost and is it right for your company? Find out everything you need to know here in our essential Payoneer Capital Advance Review.

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What is Payoneer Capital Advance?

Payoneer Capital Advance is a working capital solution available to ecommerce sellers who have a Payoneer account and use the platform to get paid.

It gives you an advance (essentially, a loan) based on projected future marketplace sales and earnings.

The types of businesses that make use of Payoneer Capital Advance are ecommerce sellers making use of marketplaces such as Amazon and eBay. It’s also useful for some small and medium-sized businesses (SMEs) such as marketing agencies, along with freelancers and travel hosts.

There are three different kinds of Capital Advance products available with Payoneer:¹

• Express - 1 month
• Grow - 3 months
• Plus - 6 months.

You can’t apply for Payoneer Capital Advance - you need to start accepting payments with the platform and wait for Payoneer to send you an offer. As you accept and settle offers, you may then be offered higher levels of Capital Advance such as Grow and Plus.

How does it work?

Once you’ve been accepting payments through Payoneer for a while, you may be sent a Capital Advance offer.

The amount of working capital you’ll be offered is calculated using the historical sales performance of your marketplace stores, such as Amazon for example. Predicted future sales figures will also be factored in.

When you accept a Payoneer Capital Advance offer, the funds are provided to you right away.

At this stage, Payoneer buys a part of your future account receivables, equivalent to the amount provided by Capital Advance plus a fixed fee.

You’ll then repay this advance gradually, until the full settlement amount has been collected.

Benefits of Payoneer Capital Advance

So, why use Payoneer Capital Advance? It offers a few advantages to certain types of business, such as:¹

• Instant payouts
• Gradual resettlement
• Improving cash flow - helping companies to meet short-term obligations, ride out seasonal fluctuations in expenditure and seize growth opportunities
• One fee - so you’ll understand exactly what you need to repay, with no hidden costs
• No credit checks.

However, along with the benefits, it’s also important to consider the potential downsides of using Capital Advance.

One of these is shrinking working capital later, as you start to make repayments. You’ll get access to funds which can ease cashflow issues right now, but you need to make sure your business won’t suffer from reduced marketplace revenue in the weeks and months to come.

Payoneer Capital Advance requirements

Eligibility for Payoneer Capital Advance will depend on your stores' payment history and how long you’ve been accepting payments via Payoneer.

But there are also eligibility criteria focused on your marketplace store. Here are the requirements for businesses selling on Amazon:²

• Payments must be received from your Amazon store directly into a Payoneer GBP, EUR or USD balance
• You must have been selling on Amazon for at least 6 months
• Your Amazon store and Payoneer account must be connected in the Payoneer Store Manager
• Order Defect Rate must be below 1%, Late Shipment Rate below 4% and Pre-fulfilment Cancellation Rate below 2.5%.

How to access Payoneer Capital Advance - step-by-step

You can’t apply directly for Payoneer Capital Advance, as it doesn’t quite work that way. Instead, you’ll need to start using the platform to accept payments for ecommerce activity and wait for Payoneer to contact you with a Capital Advance offer.

Here’s what to do to give yourself the best possible chance of receiving an offer quickly:³

1. Open a Payoneer account
2. Link your Amazon or other marketplace store in the Payoneer Store Manager
3. Check your Amazon Seller Account to make sure you meet the eligibility requirements above
4. Start getting paid via Payoneer, and wait for an offer to come in
5. Once you receive an offer, select ‘Capital Advance’ in your account and ‘View Offer’.
6. Select the offer you’d like to accept
7. Enter the amount of capital you’d like to receive, up to the maximum allowed
8. Review the terms and conditions carefully, including all the details of the offer. This will include the Capital Advance amount, fixed fee, settlement date and collection percentage (this is how much Payoneer will collect from each future marketplace payment to gradually settle the advance).
9. If you’re happy, select ‘Accept Offer’.

How quickly can I get funds with Payoneer Capital Advance?

If you’re sent an offer by Payoneer Capital Advance and you accept, you should receive the advance in your Payoneer account instantly. However, it can take a few minutes for the funds to arrive.³

What’s the maximum amount I can get with Payoneer Capital Advance?

The most you’ll be offered through Payoneer Capital Advance is 140% of your marketplace store’s monthly volume.

This is capped at a maximum amount of $750,000 USD (approx. £560,260 in GBP).¹

It’s important to note that you can also choose the amount of Capital Advance you’d like - you don’t have to accept the maximum figure offered.

Fees for using Payoneer Capital Advance

Now we come to the really important question - how much does it cost to use Payoneer Capital Advance?

The good news is that there’s just one fixed fee. This varies depending on the specific offer you’re sent by Payoneer, and the fee will be clearly shown on the offer details page.¹

You don’t need to pay this upfront either, as the fixed fee will be added to the total settlement amount. This means you pay it back as part of the collection percentage that Payoneer takes from each future marketplace payment.

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And that’s it - our essential Payoneer Capital Advance review, covering everything you need to know. We’ve looked at how Capital Advance works, why you might want to use it and how to access it. Plus, key info on fees, payout times, maximum amounts and much more.

You should now be able to decide if it’s right for your business. If so, simply start accepting marketplace payments with Payoneer and wait for those Capital Advance offers to start coming in.

Sources used:

Sources last checked on date: 13-May-2025